East Cambridge Savings Bank’s Lending Division is actively recruiting for a Mortgage Closing Assistant.
Under the general supervision of the Assistant Vice President–Lending Operations Manager, perform a variety of administrative and clerical tasks in connection with residential loan closing documentation.
We are looking for a candidate with:
1-3 years banking experience with Retail Lending experience a plus; or a Bachelor’s degree with 1 year customer service experience in a retail environment
Strong customer service, verbal, and written communication skills
Ability to perform a variety of tasks simultaneously while adhering to deadlines and working independently
Must be detail oriented and have excellent organizational, analytical and problem-solving skills
Working knowledge of Microsoft Word and Excel. Experience with Encompass a plus.
Essential Job Functions:
Perform quality control function to ensure completeness and accuracy of file and satisfaction of commitment conditions.
Monitor pipeline for approaching loan closings in accordance with rate lock and commitment expiration dates and communicate to Mortgage Closing Coordinator in a timely manner.
Review necessary loan documentation for accuracy prior to closing, request corrections if needed.
Prepare legal documents for consumer and mortgage loan closings and submit to Mortgage Closing Coordinator for completion and signatures.
Calculate net funds (refunds and receivables).
Monitor receipt of legal documents from closing attorneys and review for completeness and accuracy. Report deficiencies to AVP-Loan Operations Manager.
Ensure federal, state, and Bank regulations are properly adhered to by all parties.
Assist with operational preparedness for audits and regulatory examinations. Ensure compliance with established policies, procedures, and laws and regulations.
Perform various customer service-related duties, assisting with other loan operations functions as needed.
Contact our Human Resources Division or visit www.ecsb.com/careers for more details and to apply.